Oct 10, 2011

$150 Million worth of art in the trash?

Stolen to order?Nature Mort au Chandelier, Fernand Léger, 1922

Last week it was reported that three individuals were arrested in connection with the theft of five works from the Musée d'art Moderne in Paris. The thefts took place in 2010 and there were reports that the museums alarms had been malfunctioning for months. Well the thieves may have had a very easy time stealing the art. There are reports that the five stolen works were destroyed, and that one of the works was stolen to order:

Detectives said that while they remained sceptical about his account, they could not "totally rule out" this catastrophic scenario. The destruction of such landmark masterpieces would be a major blow to international art heritage.
The first to be arrested was a Serb known only as Vrejan T, 43, nicknamed "Spiderman" and who was detained days after last year's heist over a separate art theft from a chic Paris apartment.
Under questioning, the suspect reportedly recounted how he loosened screws in a window at the Art Deco Palais de Tokyo housing the museum, returned a few nights later to remove the frame and sliced through a padlock on an iron grille.
He had initially gone there only to steal a Léger work to order, he said, but once inside, was "surprised" when the burglary alarm failed to sound.
Being a "veritable art lover," the Serb told police he then wandered around for another hour, eluding 30 closed circuit cameras to cherry pick four other masterpieces. "He found the Modigliani the most beautiful of all," a judicial source told the JDD.
Vrejan T reportedly told investigators he had stolen the Léger for Jean-Michel C, 56, an antiques dealer with a shop called Antiquités Bastille. He was arrested in May for selling other stolen art works.

As a wise Museum Security Director once said: 'shit happens'. Lets hope this is the statement of a desperate defendant, and the paintings are still safe. This underscores the point that tracking down art thieves is a delicate proposition. They have a very big piece of collateral, in this case five important works of art. If you prosecute the thief too harshly, you run the risk of destroying what you were after. Of course the best way to prevent this destruction would have been better basic attention to security.